Crypto influencer Ben Armstrong, aka BitBoy Crypto’s lawyers, served Erling Mengshoei (Atozy) the official lawsuit at his home on Aug. 23, 2022. Atozy, who believes plaintiff BitBoy’s lawsuit alleging defamation and emotional distress is ‘frivolous,’ […]
The South African Reserve Bank has released guidelines for local banks to do business with cryptocurrencies and cryptocurrency companies. The document, released by the Reserve Bank’s Prudential Authority, advises banks to employ anti-money laundering and […]
The Democratic Republic of Congo is offering crypto firms an opportunity to bid for oil and gas exploration areas. This auction comes as western governments desperate to shore up additional oil production call on the […]
The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned the token mixing platform Tornado Cash. According to the department, the mixing service has been responsible for $7 billion in illicit fund flows since […]
The deputy governor of the South African Reserve Bank has been accused of promoting misinformation surrounding the illicit use of cryptocurrencies. Kuben Naidoo has been called out by Steven Sidley, a South African professor, and […]
The Monetary Authority of Singapore has encouraged financial companies to discourage cryptocurrency trading. Responding to a question in parliament on Aug. 1, 2022, concerning licensing of digital payment token providers, the minister in charge of […]
The Securities and Exchange Commission charged eleven individuals with running a cryptocurrency pyramid and Ponzi scheme targeting retail investors globally. The scheme, called Forsage, solicited over $300 million from investors in the U.S.A. and elsewhere. […]
A London court dismissed a defamation claim from a self-proclaimed author of the bitcoin whitepaper. In a ruling on Monday, Aug. 1, 2022, a U.K. judged Australian computer scientist Craig Wright’s assertion that podcaster Peter […]
Cybersecurity experts claim North Korean hackers are posing as job applicants for crypto jobs in wealthy countries to fund government operations. So-called North Korean software developers are scraping LinkedIn and job site Indeed to steal […]
The International Monetary Fund (IMF) asserted that the cryptocurrency market downturn doesn’t threaten global financial stability. In a report released July 26, the international body highlighted Russia’s invasion of Ukraine and renewed COVID-19 lockdowns as […]
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